Date Approved
04/07/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
MICHIGAN AMMO, LLC
Borrower Address
3332 INNSBROOK DR
Borrower City
ROCHESTER HILLS
Borrower State
MI
Borrower Zip
48309-1219
Loan Status Date
01/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
41970.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
122287
Servicing Lender Name
Mercantile Bank
Servicing Lender Address
310 Leonard St NW
Servicing Lender City
GRAND RAPIDS
Servicing Lender State
Servicing Lender Zip
49504-4224
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
CD
MI-10
Jobs Reported
6
NAICS Code
339999
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
990.00
Payroll Proceed
36594.00
Mortgage Interest Proceed
Rent Proceed
2266.00
Refinance EIDL Proceed
Health Care Proceed
400.00
Debt Interest Proceed
1720
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
42245.97
Forgiveness Date
12/10/2020